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The role of the supply chain in an enterprise’s operations are changing. Businesses continue to create value for their customers by providing fast delivery right to their doorsteps and optimizing websites for more convenient mobile experience. While these changes are occurring, several supply chain pitfalls also emerge. This should not be a surprise, considering the number of suppliers involved in a…

B2B ecommerce is short for business to business electronic commerce. It refers to the selling of products and services between businesses through an online sales portal. Basically, a business makes its client’s business thrive by directing all its resources to make processes simpler and faster – to boost efficiency, productivity, and profitability. It requires a blend of design, user experience,…

In today’s technology driven world, the expectations of vendors and customers are high. Strategic innovation and optimization of business processes are required to achieve future success. That’s why companies are faced with increasing pressures to accelerate payment cycles with EDI and invoice automation solutions. Most have already introduced ERP systems to automate their repetitive administrative tasks. Eighty percent are yet…

The Internet of Things is predicted to become the driver of productivity for the next decade. According to Gartner, 20.8 billion Internet-connected devices will be used by 2020 and over half of new businesses will be incorporating some element of the IoT technology. Since almost everything is online these days, your business will generate more data. You need to analyze…

Many companies struggle with supply chain inventory optimization. They need to overcome distributed data and inventory, navigate complex networks of locations, and manage configurations of thousands of parts. Without the right solution, they will blindly make decisions critical to their business operations. To navigate these obstacles, organizations need to: Integrate inventory management to the planning process. Inventory management is the…

The changes in business models in the past years have been huge. Start-ups are able to compete with global multi-national companies – thanks to the cloud. However, it is not all good when you abandon the old brick-and-mortar infrastructure. While third party suppliers and service providers allow you to be more innovative and they level the playing field against larger…

With one device talking to another, the Internet of Things can potentially change the industrial sector. It creates a great opportunity for companies to streamline and get rid of the waste in expensive and inefficient supply chains. It also allows companies to control their external environment and execute decisions. With the IoT, equipment can communicate data such as temperature and operation…

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